US food group Hormel Foods has recorded an increase in first-quarter profit. In the 13 weeks ended 27 January, earnings edged up 1% to US$129.7m, the company reported today (21 February). Operating profit grew 1.2% to $198.2m. Hormel, ...
Tags: food group, Hormel Foods, food
More frugal consumers are evolving the way they shop in response to the austere economic environment, Sainsbury's CEO Justin King has suggested. Sainsbury's booked a 0.9% increase in third-quarter like-for-like sales excluding fuel this ...
Tags: Sainsbury, frugal consumers, CEO, Justin King
Kraft Foods has booked an increase in first-half profits, despite recording a fall in sales, thanks to productivity and price gains. In the six months to the end of June, net profit increased 4.2% to US$1.85bn. Operating profit in the ...
Tags: Kraft Foods, first half profits, fall in sales, food price
Hormel Foods has promoted James Snee to lead the US group's international operations. In an announcement today (26 September), Hormel said Richard Bross was retiring as president of Hormel Foods International Corp. Snee's appointment ...
Tags: International Chief, international operations, Hormel Foods
Posted by Jenni Spinner, Senior Editor -- Packaging Digest, 12/7/2012 8:27:10 AM McCormick & Company Inc., a global leader in flavor, today unveiled its McCormick Flavor Forecast 2013. Now in its thirteenth year, the report is an annual ...
Tags: McCormick&Company Inc, 10 flavor combinations, empowered eating
US-based Hormel Foods has reported that its net earnings for the third quarter ended 29 July 2012 increased 13% to $111.2m, compared to $98.5m in 2011, due to strong performance of its grocery products unit. Sales for the quarter ...
US food group Hormel Foods saw its profits accelerate in the final quarter of its financial year amid stronger earnings from its grocery products business. Hormel, which makes Spam canned meat, booked a 13% increase in net earnings to ...
Tags: food, grocery, canned meat, taco, burrito, refrigerated foods
Peanut butter just got a makeover,as Planters introduces a new PB that has a bit of a punch.Created for adventure-seekers,the new line is the first national brand to add wholesome ingredients like bananas,granola,berries,raisins,cinnamon ...
Tags: Kraft Foods, peanut butter line, adventure-seekers, NUT-rtition line
US food group Hormel Foods has booked an increase in third-quarter profits as all five of its business segments reported earnings growth. In the three months ended 29 July, profit climbed 13% to US$111.2m, the company reported yesterday ...
Tags: food, third-quarter profits, increase, Hormel Foods
Kraft Foods has said the split of the company in two, creating a North American grocery company and a global snacks manufacturer, will take place in October. The establishment of US grocery business Kraft Foods Group and international ...
Tags: Kraft Foods, snack, food, split in two